Suspended Exploratory Well Costs (Tables)

3 Months Ended

Mar. 31, 2015

The following table reflects the change in capitalized exploratory well costs for the three months ended March 31, 2015 and the year ended December 31, 2014 (in thousands):

		March 31, 2015			December 31, 2014
Balance at beginning of period	$	2,996		$	6,964
Additions to capitalized exploratory well costs pending the determination of proved reserves		9,017			18,747
Reclassifications to wells, facilities and equipment based on determination of proved reserves		¾			(15,735	)
Divested wells		¾			(6,980	)
Balance at end of period		12,013			2,996
Less exploratory well costs that have been capitalized for a period of one year or less		(12,013	)		(2,996	)
Capitalized exploratory well costs that have been capitalized for a period greater than one year	$	¾		$	¾